Reports

ImmigrationChange in Make-Up of CA ImmigrantsA new study predicts that Los Angeles, a favored destination for many immigrants, will become majority California-born by the time the 2010 census is completed.EconomyCalifornia Budget: Issues Remain
California’s budget accord contains program cuts, but fails to address revenue volatility or prepare for looming future needs, according to research by the Public Policy Institute of California.
EnergyPowering California: The Monterey Shale & California's Economic FutureThe Monterey Shale Deposit in California contains a large amount of oil. It requires hydraulic fracturing and extended reach drilling to develop it. This study by USC and TCI looks at the potential economic impact of development on California..
RiskCutting the Cost of Risk
Some states are dropping expensive reinsurance coverage, which is designed to pay out when disaster pushes claims over-the-top. AnalysisOnline looks at this topic and gives a year-so-far review on risk.

This website is produced by The Communications Institute to provide users an understanding of this important issue. It is based on the study produced with our partners. Our analysis is solely the work of the staff of The Communications Institute. Contact Information: Email research@tci1.org or call (818) 349-5555

The Monterey Shale Formation, an oil-rich rock formation in Central California, is a potential gold mine of oil resources for California. Recent headlines attest to its increasing role in the state’s energy debate:

Powering California: The Monterey Shale & California’s Economic Future seeks to define the parameters of this debate. The study objectively assesses the potential economic consequences of shale-oil development for California’s economy.

Working from an economic model jointly created by a team of economists and engineers from the University of Southern California (USC) Price School of Public Policy and the USC Global Energy Network, the study concludes that “the prudent development of the Monterey Shale could add hundreds of thousands of new jobs to California over the next decade while stimulating economic growth and generating significant new state and local tax revenues.” The study also underscores the need for in-depth analysis of all relevant environmental, operational, and technological issues related to development of the Monterey Shale.